Its so cold in the D

[Malice_Mizer]

Originally Posted by Tiddlywinks [You must be logged in to view images. Log in or Register.]

Unemployment = no income.
No income = no taxs/people leave.
People leave = less possible taxs to collect.
Less taxes = less services.
Less services = people leave.


Meanwhile the city still had pensions and other obligations it owes from when there WERE a lot of people there.

Lots of obligations + mismanaged money + low taxes = bankruptcy.

It's a vicious cycle, and Detroit will not be the last to go through it. The entire country needs a good rightsizing at some point.

Most succinct explanation of urban decay I think I've seen. It is indeed a vicious spiral. A city has to reinvent itself economically when it launches into that cycle, and very, very few cities are able to do that.